The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1887-08-06
CHARTER
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ugITED ESTATES Oh AMERICA, h 4
STATE on LOUISIANA, PARISH OF u2IoAs1nU, )
TpEIJ, KNOWN. That on tlfis asvepil, siaq 81
II duae, 10 the year of 0Hr Beiyl 0ne Thousand
llight Hundred and Eighty Seven, and Of the In
dependence sf tie United States ~ Ams4ica fhe
ss4a hunqfeN anu alsyenghi saiofe me 4 ao1nas
d2ielnpoter, a Natary Public duly commissioned
and Taalifes for the Parish Of 0aiuasieu State az
Louisiana, and ia the prasance af gitnsasss hare-
faaftP1 nBEaod and undersigned personally pa4u,
and appeared J AIlIlZ Il. w A-r7stNS a EEK N
DER THOMSON, SEAMAN "A. INNA PIP. VIII
BUR II. BREShX, FRANK u. lBANfG1iE anil
" WILLIAM AZ WHITE, who severaily dcclarOll
that, awaiting themselves of the general laws Of
this Stats relative 30 tie ornanizaia OF corpora
lions for works Of pfbliC Improvement. etc they
have formed themselves into, and Do hy tlHese
presents form themselves into and constitute u
Corporation with all tine powers vested BY law IN
ouch corporations, and do by these presents eavo.
nalit aud agree and bind themselves under The
following agreements and stlpmlattnnS, which
they adopt as their charter tgsgGit;
ARTTCLEI
Tho corporate name Of said cnlnpnny is hereby
declared Ia DO the KANSAS EIIfY. WATKINS
AND GULF RAILWAY COMPANY anil its
doInie5le shat lsf, ia the parish Of UalCasieu.
ARTICLE II II
This company shall enjoy succession and retain
Its corporate existence for The period Of ninety.
linC ESQ., years from its formation. The President
Of tho company, and u his ahsanOs th0 Secretary
and IN the ahsenca OF both OF 6hesG the Treasurer
is hereby designated as the officer ON zthom all
citations and other legal process shall be served
The Company shall have Q corporate seal Of such
device as the Board Of Directors may determine,
ARTICLE III
This corporation ia estalliaF6d with tho objects
and purlDuses following. tO-yyit 10 construct
build. and thereafter to OWL Inaintain and use q
railroad upon aueh q course and ON such B0ute
aud with such tTGcts rs the Board OF Directors
may doom proper and eXpedient, TO run from a
point upon al iaoent to tho line Of the Louis
ana Western Railroad in the parish Of CalOaHieu,
49, sH H1.salr
through the Western part 60 the NBrth line of the
State Of Louisiana; 10 construct, maintain and
operate sneh sido-tRaGlzs, tarn-Outs and branch
roads in connection with said railroad said
Board Of Directors lnAy fix ;and to esthblall and
maintain in connection with said TailrOa all nee
assary freight and passenger depots and other
accessories.
rs To conBtruet build. ard thereafter OWL
maintain and use railroad upon such a course
and along such route and with such tracks as
the Board of I3iaeetors of said company dnay deem
proper and napedient, to run from O point on or
adjacent to the Louisiana Western 4sailraad in
the parish Of GalCaSieus in o sOuthefly direction
Through the parish of Oaleasieu and Cameron
such a distance and upon such q course as may be
fixed ny said Board Of Directors, and 10 locate
construct, maintain and use in connection with
said railroad, all necessary freight and passenger
aepats and other accessories including such side
tracks tRrn-aut5 aud branches as said Board Of
Directors may fix.
ARTICLE ".
The capital stock Of this company ia hereby
~ be represented By hfty Thousand shares Of One
Hundred Dollars f8l00) each, i've per cent to be
paid for in cash at the time Of Subscription, and
The balance at such times and on such terms a.
the Board Of Directors may fix. Books of sub.
sCTipfiOn shall be opened IN the City Of Lake
Charles soon Rs possible after the organization
Of the Board Of Directors and the fixing Of the
terms Of Subscription, and shall remain open in
the discretion of said Board. As soon as twenty
thousand shares Gre subscribed the building Of
the EOad may be cnterel upon and all powers Of
ARTICLE V.
AL the corporate powers Of this company shall
be vested in q Board Of Directors eump0sed Of
seven Stockholders, 'lABEz b. WATKINS, ALEX-
ANpER THOMSON, MILES j. DAFT DAVID NJ.
SPRANKLE, HENRY DICKINSON, HENNY G. fCHALK-
LEY and WII.LLAM J. PATTERSON are hereby de-
elared to be the first Board of Directors who
shall hold their Ofioes until IanRaryEl0th ISIS,
and until their SUCCESSORS shall be daily elected
On tho seGQud Tuesday IN January, 1855, and on
the same day annually thereafter an election for
the Board OF Directors shall bG 1leld at the Office
OF the company in tho City of Lake CHARLES. All
directors und officers shall hold OfOefOr the term
Of one year from the date OF their election and
until their successors shall have been duly elected
and qualified. Each share of stock shall be en-
Titled TO one vote. and the majority of the votes
cast, at all elections, shall elect All elections
shall he by ballot, and a. stakeholder must vote
his stock either in person by written Proxy
Vacancies occurring in the BUarl in the Intervals
between elections shall be filled by the Board.
ARTICLE VI
/ The Board Of Directors shall have power IL
! make all necessary Bylaws, Rules and Eegular
! tons for the government Of the affairs and hus
ness Of the company and to change the same
! when necessary. They shall annually elect one
J of the members Of the Board to be President Of
the corporation and another to be Nice-RresideHt
They AhaiI aISo ANNUALLY eI0eta Secretary aud
ARTICLE WI.
This charter may be altered and amended or
this corporation dissolved by o vote Of three,
tUurths OF the Stockholders presenter represented
at meeting convened for that purpose after
thirty days uotoe shall have been published in a
daily paper in the City Of Lake Charles and this
company be consolidated with any other rail
way company, In accordance with tho general
laws Of the State upon tho subject Of the eenBeli
datign Of railroad corporations, AT the teTmina
lion Of this charter On the dissolution OF the
| corporation, the affairs Of the company shall be
! hqulqated by three commissioners, who shall be
/ appointed by the stockholders from among their
number. IF this charter expires by Limitation,
said commissioners shall be appointed by ballot
| at a general meeting Of stOpkhalders called for
| that purpose and advertised as above and III a
dissolution takes place by vote then said cen
Inissioners shall DO appointed alta meeting called
| 10 dissolve the same as above set forth. Said
commissioners shall be appointed by bsllgt, and
| 1t shall require a majority of the stockholders
present and voting 30 elect The said stpekhOld-
ers shall establish tho terms and manner in which
said Liquidation shall be made, and .deiine the
powers, duties and enIoluments Of said ealnulis.
hl0l1iS anu Inc manner OF NllIng vacancies Ill
their number IL any shuuid occur.
ARTICLE VIII
\ No stOGkhuldpr Of this COMPANY shall ever be
| Liable or responsible Tor the contracts dsbts or
faults Of tile company in any further sum than
| the unpaid balance due to the company on the
shares owned by him, shall any mere infaunali
y in organising have the effect Of rendering tho
charter null and ef exposing stOeklVlder 10 any
1 liability beyond tine amount of his stock
| Thus done and passed al my office IN the City
| Of Lake Charles the day month and year fEst
! above written, Ia the pIsBsncs Of Frank III Nc
Cam and William i, AlcClanAhan, competent
WITNESSES residing IN this nity, who have here
/ unto signed their names with appeaTers and me
| Notary, after reading the same.
tSigned.D JABl3Z iB.l WATKINS.
! ALEXANIlER THOMSON,
1 SHdAALAN A. KNAPP,
WILBUR Il. fPRESBE,
FRANK fl. BANKER,
| WILLIAM al WHITE,
| Kyi.,a..,.s Il FRANK II. MCCAIN.
| IA WILLIAai +. AlcCLASAIIAN
| SLeS.} TI0S. KLEIHPHTRR,
| ttsac1S Notary Pablo.
STATE OF LOUISIANA n
.